New Standard Designed to Enhance EMV

Image Source: Article

Image Source: Article

A new open payments standard coming out soon from the Secure Remote Payments Council aims to not only enhance card security but also improve and expand the functions available through EMV chips, says Roger Applewhite, a board member of the SRP Council and the Electronic Funds Transfer Association. This new standard will open new doors for cryptology and transaction routing, he adds.

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